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    All Forums | General Discussion

    Solar Panels

    12 Next Last»
    wallstreetcappers
    be easy
    THEMUGG
    Spitfire15
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    wallstreetcappers
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    Posted: Aug. 27, 2010 - 9:00 PM ET #1

    After seeing my last months power bill and choke, I have once again started to consider solar panels.

    Anyone here have an installed solar panel system?

    If so how much did it cost, how efficient is it and what is the net gain versus what you were told it would produce?

    I am not looking for a solar water heater or thermal systems, just panels.


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    To remove first post, remove entire topic.
    After seeing my last months power bill and choke, I have once again started to consider solar panels.

    Anyone here have an installed solar panel system?

    If so how much did it cost, how efficient is it and what is the net gain versus what you were told it would produce?

    I am not looking for a solar water heater or thermal systems, just panels.


     
    be easy
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    Posted: Aug. 27, 2010 - 9:05 PM ET #2

    i'd move out of the desert

    how beat up is natural gas right now? last two years some company has sent me a rate lock in, it was almost 50% off in 09 from the 08 charge per unit. think i heard recently natural gas had spiked ?
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    i'd move out of the desert

    how beat up is natural gas right now? last two years some company has sent me a rate lock in, it was almost 50% off in 09 from the 08 charge per unit. think i heard recently natural gas had spiked ?
     
    THEMUGG
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    Posted: Aug. 27, 2010 - 9:12 PM ET #3

     I found this article.........from 2008


    At the time of this writing, the installed cost of solar panels runs between $7 to $9 per watt, so a 5 kW system would cost on the order of $35,000-$45,000 and an 8 kW system would be anywhere from $56,000 to $72,000. Many utility companies are offering incentives with some subsidizing as much as 50% of the cost of the system. Even so, a system that generates an average of $73 of electricity per month would take a long time to pay for itself even if you could get it at half cost. For example, a system that cost $18,000 would have a payback period on the order of 20 years. Solar panel cost today is around $4 per watt and the extra cost of installation brings it up to $7 to $9. Installation costs for PV systems include labor and the electronics needed to tie the solar array into your existing electrical system.
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     I found this article.........from 2008


    At the time of this writing, the installed cost of solar panels runs between $7 to $9 per watt, so a 5 kW system would cost on the order of $35,000-$45,000 and an 8 kW system would be anywhere from $56,000 to $72,000. Many utility companies are offering incentives with some subsidizing as much as 50% of the cost of the system. Even so, a system that generates an average of $73 of electricity per month would take a long time to pay for itself even if you could get it at half cost. For example, a system that cost $18,000 would have a payback period on the order of 20 years. Solar panel cost today is around $4 per watt and the extra cost of installation brings it up to $7 to $9. Installation costs for PV systems include labor and the electronics needed to tie the solar array into your existing electrical system.
     
    Spitfire15
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    Posted: Aug. 27, 2010 - 9:17 PM ET #4

    It seems like it would take a long time for that to 'pay for itself' on a building as small as a house.  How much could that save you each year?
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    It seems like it would take a long time for that to 'pay for itself' on a building as small as a house.  How much could that save you each year?
     
    tikitom
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    Posted: Aug. 27, 2010 - 9:35 PM ET #5

    Quote Originally Posted by wallstreetcappers:

    After seeing my last months power bill and choke, I have once again started to consider solar panels.

    Anyone here have an installed solar panel system?

    If so how much did it cost, how efficient is it and what is the net gain versus what you were told it would produce?

    I am not looking for a solar water heater or thermal systems, just panels.


     

    Having no experience myself, I called the free-market. They said coal, oil, and stray electrons were your best choice. They suggested that burning actual currency was more efficent than solar panels and that in all likely-hood Jimmy Carter molests collies. 

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    Quote Originally Posted by wallstreetcappers:

    After seeing my last months power bill and choke, I have once again started to consider solar panels.

    Anyone here have an installed solar panel system?

    If so how much did it cost, how efficient is it and what is the net gain versus what you were told it would produce?

    I am not looking for a solar water heater or thermal systems, just panels.


     

    Having no experience myself, I called the free-market. They said coal, oil, and stray electrons were your best choice. They suggested that burning actual currency was more efficent than solar panels and that in all likely-hood Jimmy Carter molests collies. 

     
    wallstreetcappers
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    Posted: Aug. 27, 2010 - 9:41 PM ET #6

    Quote Originally Posted by be easy:

    i'd move out of the desert

    how beat up is natural gas right now? last two years some company has sent me a rate lock in, it was almost 50% off in 09 from the 08 charge per unit. think i heard recently natural gas had spiked ?


    UNG hit a year low today, natural gas is flowing in abundance.
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    Quote Originally Posted by be easy:

    i'd move out of the desert

    how beat up is natural gas right now? last two years some company has sent me a rate lock in, it was almost 50% off in 09 from the 08 charge per unit. think i heard recently natural gas had spiked ?


    UNG hit a year low today, natural gas is flowing in abundance.
     
    wallstreetcappers
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    Posted: Aug. 27, 2010 - 9:45 PM ET #7

    Quote Originally Posted by tikitom:

     

    Having no experience myself, I called the free-market. They said coal, oil, and stray electrons were your best choice. They suggested that burning actual currency was more efficent than solar panels and that in all likely-hood Jimmy Carter molests collies. 



    Har har...thanks for the sarcasm and not helping, as usual.

    Mugg, after researching a bit lately the cost per watt has come down since that article..I found some very high rated panels at 2.5 a watt, and yeah it has a long term pay back period but it also has intrinsic value..so with its 30 yr life, it isnt just paying for the system and you have no underlying value..

    I think to half my energy consumption (based on my last few elec bills) I would probably have to shell out 15k or so.

    I read about this solar paint stuff that is not too far away and I hear it has much lower cost per watt and supposedly higher efficiency.
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    Quote Originally Posted by tikitom:

     

    Having no experience myself, I called the free-market. They said coal, oil, and stray electrons were your best choice. They suggested that burning actual currency was more efficent than solar panels and that in all likely-hood Jimmy Carter molests collies. 



    Har har...thanks for the sarcasm and not helping, as usual.

    Mugg, after researching a bit lately the cost per watt has come down since that article..I found some very high rated panels at 2.5 a watt, and yeah it has a long term pay back period but it also has intrinsic value..so with its 30 yr life, it isnt just paying for the system and you have no underlying value..

    I think to half my energy consumption (based on my last few elec bills) I would probably have to shell out 15k or so.

    I read about this solar paint stuff that is not too far away and I hear it has much lower cost per watt and supposedly higher efficiency.
     
    Spitfire15
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    Posted: Aug. 27, 2010 - 9:53 PM ET #8

    I don't know... it sounds to me like you want solar panels just so you can be smug and tell people about your solar panels.

    If they have enough intrinsic value they will become more popular and the price will come down... just me personally I don't think I could spend money on a 'more efficient' energy source but pay more for it.
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    I don't know... it sounds to me like you want solar panels just so you can be smug and tell people about your solar panels.

    If they have enough intrinsic value they will become more popular and the price will come down... just me personally I don't think I could spend money on a 'more efficient' energy source but pay more for it.
     
    chilitokid
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    Posted: Aug. 27, 2010 - 9:53 PM ET #9

    bloom box
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    bloom box
     
    Spitfire15
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    Posted: Aug. 27, 2010 - 9:54 PM ET #10

    Quote Originally Posted by chilitokid:

    bloom box


      Cooler than solar panels
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    Quote Originally Posted by chilitokid:

    bloom box


      Cooler than solar panels
     
    bill1947
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    Posted: Aug. 27, 2010 - 9:56 PM ET #11

    If it pertains to energy, they will gouge the fuck out of the consumer.
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    If it pertains to energy, they will gouge the fuck out of the consumer.
     
    3rd_and_Long
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    Posted: Aug. 27, 2010 - 9:57 PM ET #12

    Don't forget the 30% fed tax credits, includes installation costs too.
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    Don't forget the 30% fed tax credits, includes installation costs too.
     
    wallstreetcappers
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    Posted: Aug. 27, 2010 - 10:05 PM ET #13

    Quote Originally Posted by 3rd_and_Long:

    Don't forget the 30% fed tax credits, includes installation costs too.


    Right.

    Here the local power joints offer a nice chunk of a rebate, and they give you credit for excess power back into the grid (not near what they CHARGE of course).

    Spitfire, I guess that is the typical response and not sure why I asked here to be honest. I personally dont consider solar panels to be a sign of status.


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    Quote Originally Posted by 3rd_and_Long:

    Don't forget the 30% fed tax credits, includes installation costs too.


    Right.

    Here the local power joints offer a nice chunk of a rebate, and they give you credit for excess power back into the grid (not near what they CHARGE of course).

    Spitfire, I guess that is the typical response and not sure why I asked here to be honest. I personally dont consider solar panels to be a sign of status.


     
    tob0707
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    Posted: Aug. 28, 2010 - 12:17 AM ET #14

    https://awea.org/smallwind/

     

     

    MY friend had one installed. Cost him 15k and will pay for itself in 3-4 years. His bill in june 09 was $279 and june 10 it was $26.

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    https://awea.org/smallwind/

     

     

    MY friend had one installed. Cost him 15k and will pay for itself in 3-4 years. His bill in june 09 was $279 and june 10 it was $26.

     
    wallstreetcappers
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    Posted: Aug. 28, 2010 - 12:22 AM ET #15

    Well I would imagine that might work in high wind areas and if you are in a city the zoning might be messy?
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    Well I would imagine that might work in high wind areas and if you are in a city the zoning might be messy?
     
    captjohn67
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    Posted: Aug. 28, 2010 - 1:52 AM ET #16

    i installed solar panels in the middle of nowhere northeast, ga for a hunters camp. Simply put, it's still not cost effective (2008 ish)...batteries are still the weak link (pricey). Still  nice to have tv and easy  hot coffee and cooking though  

     

     

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    i installed solar panels in the middle of nowhere northeast, ga for a hunters camp. Simply put, it's still not cost effective (2008 ish)...batteries are still the weak link (pricey). Still  nice to have tv and easy  hot coffee and cooking though  

     

     

     
    guyhi
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    Posted: Aug. 28, 2010 - 1:54 AM ET #17

    A good system of PV(photovoltic) panels and Solar Panels(for water heating) will cut your energy comsumption quite a bit depending on how much your sunshine zone is rated at. You can get federal and state tax credits to offset the majority of the cost most systems pay for themselves within 5-10 years. I am a plumber here and solar systems are required on all new housing here. i live in a condo so no solar, but if i move to a house, a Solar hot water system and PV system will be the first things i install.

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    A good system of PV(photovoltic) panels and Solar Panels(for water heating) will cut your energy comsumption quite a bit depending on how much your sunshine zone is rated at. You can get federal and state tax credits to offset the majority of the cost most systems pay for themselves within 5-10 years. I am a plumber here and solar systems are required on all new housing here. i live in a condo so no solar, but if i move to a house, a Solar hot water system and PV system will be the first things i install.

     
    guyhi
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    Posted: Aug. 28, 2010 - 1:58 AM ET #18

    Quote Originally Posted by captjohn67:

    i installed solar panels in the middle of nowhere northeast, ga for a hunters camp. Simply put, it's still not cost effective (2008 ish)...batteries are still the weak link (pricey). Still  nice to have tv and easy  hot coffee and cooking though  

    in regards to this answer most PV systems work not by storing electricity but by "selling" it back to the electric company. they will usually charge you a minimum fee to be connected to the grid(if your system is producing enough to cover your electrical costs each month).

     

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    Quote Originally Posted by captjohn67:

    i installed solar panels in the middle of nowhere northeast, ga for a hunters camp. Simply put, it's still not cost effective (2008 ish)...batteries are still the weak link (pricey). Still  nice to have tv and easy  hot coffee and cooking though  

    in regards to this answer most PV systems work not by storing electricity but by "selling" it back to the electric company. they will usually charge you a minimum fee to be connected to the grid(if your system is producing enough to cover your electrical costs each month).

     

     
    dl36
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    Posted: Aug. 28, 2010 - 3:18 AM ET #19

    why dont you switch to biodeisel while you are at, damn hippy
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    why dont you switch to biodeisel while you are at, damn hippy
     
    captjohn67
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    Posted: Aug. 28, 2010 - 9:43 AM ET #20

    https://www.residentialsolarpanels.org/
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    https://www.residentialsolarpanels.org/
     
    Rush51
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    Posted: Aug. 28, 2010 - 11:20 AM ET #21

    I'd be interested in hearing what the "break-even" point is as well... That will help dictate how much sense installing Solar Panels is.

    The other half of the puzzle is then answering to yourself how long you expect to live in this same home.



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    I'd be interested in hearing what the "break-even" point is as well... That will help dictate how much sense installing Solar Panels is.

    The other half of the puzzle is then answering to yourself how long you expect to live in this same home.



     
    chilitokid
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    Posted: Aug. 28, 2010 - 11:30 AM ET #22

    Quote Originally Posted by guyhi:

    A good system of PV(photovoltic) panels and Solar Panels(for water heating) will cut your energy comsumption quite a bit depending on how much your sunshine zone is rated at. You can get federal and state tax credits to offset the majority of the cost most systems pay for themselves within 5-10 years. I am a plumber here and solar systems are required on all new housing here. i live in a condo so no solar, but if i move to a house, a Solar hot water system and PV system will be the first things i install.

    Have the builders in your area been installing geothermal systems? 
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    Quote Originally Posted by guyhi:

    A good system of PV(photovoltic) panels and Solar Panels(for water heating) will cut your energy comsumption quite a bit depending on how much your sunshine zone is rated at. You can get federal and state tax credits to offset the majority of the cost most systems pay for themselves within 5-10 years. I am a plumber here and solar systems are required on all new housing here. i live in a condo so no solar, but if i move to a house, a Solar hot water system and PV system will be the first things i install.

    Have the builders in your area been installing geothermal systems? 
     
    5_for_Fighting
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    Posted: Aug. 28, 2010 - 11:42 AM ET #23

    I would also think about contacting a realtor and seeing if you put out 30K worth of panels on your house what that does to the appraisal value of the house.
    If you get $$$ for installing and save money over time, and the house will appraise higher because of the panels, I would go for it

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    I would also think about contacting a realtor and seeing if you put out 30K worth of panels on your house what that does to the appraisal value of the house.
    If you get $$$ for installing and save money over time, and the house will appraise higher because of the panels, I would go for it

     
    be easy
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    Posted: Aug. 28, 2010 - 11:49 AM ET #24

    Quote Originally Posted by 5_for_Fighting:

    I would also think about contacting a realtor and seeing if you put out 30K worth of panels on your house what that does to the appraisal value of the house.
    If you get $$$ for installing and save money over time, and the house will appraise higher because of the panels, I would go for it



    cause we all know realtor's are the specialists when it comes to appraising value of a house

    what is this, Blast from the Past and you just woke up and missed the last decade??

    you are a moron, and wall lives in arizona, houses will be either given away for free or demolished in the desert.

    and the house will appraise higher because of the panels

    stick to trucking and aliasing
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    Quote Originally Posted by 5_for_Fighting:

    I would also think about contacting a realtor and seeing if you put out 30K worth of panels on your house what that does to the appraisal value of the house.
    If you get $$$ for installing and save money over time, and the house will appraise higher because of the panels, I would go for it



    cause we all know realtor's are the specialists when it comes to appraising value of a house

    what is this, Blast from the Past and you just woke up and missed the last decade??

    you are a moron, and wall lives in arizona, houses will be either given away for free or demolished in the desert.

    and the house will appraise higher because of the panels

    stick to trucking and aliasing
     
     
    Bluefin
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    Posted: Aug. 28, 2010 - 11:58 AM ET #25

    Lots of talk down here right know about a crystal structure that goes in the walls making the entire house a collection source and solar paint that can be wired to produce power without so many panels. They claim you can sell power back to the power company during the day and purchase it at night and come ahead after 3 years but you start with an instant return on the first month with a check from the power company,50% of the set up costs can be taken off your taxes must be installed during the build though.Cost $7.00-10 a sq ft over and above normal build out costs,
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    Lots of talk down here right know about a crystal structure that goes in the walls making the entire house a collection source and solar paint that can be wired to produce power without so many panels. They claim you can sell power back to the power company during the day and purchase it at night and come ahead after 3 years but you start with an instant return on the first month with a check from the power company,50% of the set up costs can be taken off your taxes must be installed during the build though.Cost $7.00-10 a sq ft over and above normal build out costs,
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